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Economic Linkages Between Coastal Wetlands And Habitat/Species Protection: A Review Of Value Estimates Reported In The Published Literature

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  • Kazmierczak, Richard F., Jr.

Abstract

This manuscript summarizes a total of 8 peer-reviewed studies, published from 1975 to 2001, reporting 24 separate estimates for the disaggregate2 value of habitat and species protection services provided by coastal and non-coastal wetlands. Estimates varied within a single order of magnitude and were fairly tightly bounded. Considering only coastal zone wetlands across all study categories, the value of habitat and species protection ranged from $168.96/acre/year to $403.16/acre/year, with a mean and median of $249.44/acre/year and $253.47/acre/year, respectively. By comparison, reported estimates of willingness-to-pay (WTP) values for wetland habitat and species protection services ranged from a low of $30.12 to $434.67, with a mean and median of $211.59 and $213.86, respectively. Geographic location and type of wetland appeared to have a relatively minor impact on the estimated values.

Suggested Citation

  • Kazmierczak, Richard F., Jr., 2001. "Economic Linkages Between Coastal Wetlands And Habitat/Species Protection: A Review Of Value Estimates Reported In The Published Literature," Staff Papers 31689, Louisiana State University, Department of Agricultural Economics and Agribusiness.
    • Handle: RePEc:ags:lsustp:31689
    DOI: 10.22004/ag.econ.31689
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    Cited by:

    1. Geoffroy Enjolras & Jean-Marie Boisson, 2010. "Valuing lagoons using a meta-analytical approach: methodological and practical issues," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 53(8), pages 1031-1049.
    2. Daniel R. Petrolia & Matthew G. Interis & Joonghyun Hwang, 2014. "America's Wetland? A National Survey of Willingness to Pay for Restoration of Louisiana's Coastal Wetlands," Marine Resource Economics, University of Chicago Press, vol. 29(1), pages 17-37.
    3. Birol, Ekin & Karousakis, Katia & Koundouri, Phoebe, 2006. "Using a choice experiment to account for preference heterogeneity in wetland attributes: The case of Cheimaditida wetland in Greece," Ecological Economics, Elsevier, vol. 60(1), pages 145-156, November.
    4. Caffey, Rex H. & Wang, Hua & Petrolia, Daniel R., 2014. "Trajectory economics: Assessing the flow of ecosystem services from coastal restoration," Ecological Economics, Elsevier, vol. 100(C), pages 74-84.
    5. Wang, Hua & Caffey, Rex H. & Petrolia, Daniel R., 2012. "An Economic Assessment of Competing Technologies for Coastal Restoration," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama 119740, Southern Agricultural Economics Association.

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    Keywords

    Resource /Energy Economics and Policy;

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